WORLEY LIMITED (WOR)
Share Price Analysis and Chart

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WOR - WORLEY LIMITED

FNArena Sector : Energy Sector Contracting
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 2.39
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Worley is a global engineering company providing project and asset services to the energy, chemicals and resource sectors. The company has been listed since 2002. Has started to diversify via renewable energy projects.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$14.21

20 Jan
2025

0.100

OPEN

$14.19

0.71%

HIGH

$14.24

633,045

LOW

$14.09

TARGET
$18.264 28.5% upside
OTHER COMPANIES IN THE SAME SECTOR
EOL . MND . MSV . PRN .
FNARENA'S MARKET CONSENSUS FORECASTS
WOR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 57.5 86.3 xxx
DPS (cps) xxx 50.0 51.4 xxx
EPS Growth xxx 100.0% 50.2% xxx
DPS Growth xxx 0.0% 2.7% xxx
PE Ratio xxx N/A 16.5 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx 87.0% 59.5% xxx

Dividend yield today if purchased 3 years ago: 4.21%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.54

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/09 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx57.5
DPS All xxxxxxxxxxxxxxx50.0
Sales/Revenue xxxxxxxxxxxxxxx11,789.0 M
Book Value Per Share xxxxxxxxxxxxxxx1,043.6
Net Operating Cash Flow xxxxxxxxxxxxxxx682.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx5.45 %
Return on Invested Capital xxxxxxxxxxxxxxx3.98 %
Return on Assets xxxxxxxxxxxxxxx2.89 %
Return on Equity xxxxxxxxxxxxxxx5.45 %
Return on Total Capital xxxxxxxxxxxxxxx7.73 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx324.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx132 M
Long Term Debt xxxxxxxxxxxxxxx1,941 M
Total Debt xxxxxxxxxxxxxxx2,073 M
Goodwill - Gross xxxxxxxxxxxxxxx5,543 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx554 M
Price To Book Value xxxxxxxxxxxxxxx1.44

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx95.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.81 %
Cost of Goods Sold xxxxxxxxxxxxxxx10,887 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx306 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx225 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

30/08/2024

1

Buy

$16.00

12.60%

While FY24 profit for Worley was in line with Ord Minnett's forecast, cash flows were stronger-than-expected.

Management anticipates low double-digit EBITA growth in FY25 due to higher-margin, new work, highlights the analyst, despite a -7% decline in the backlog from January to June. Major customer capex is expected to decline slightly over 2025-26.

Buy. Target $16.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

16/01/2025

1

Buy

$18.00

26.67%

Goldman Sachs highlights moderating growth for Worley given cyclical headwinds but sees solid earnings growth due to continued margin expansion.

Based on channel checks, the broker estimates the CP2 project will contribute $6bn to Worley's backlog as the project moves to final investment. This represents around a 45% lift against the last reported backlog.

Key risks include any potential delays in client projects, lower-than-expected bookings/aggregated revenues and the broker's estimate of margin profile.

No change to the Buy rating or $18 target price.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 53.00 cents and EPS of 77.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 66.00 cents and EPS of 99.00 cents.
Access Extra Coverage Research History >

WOR STOCK CHART

FNArena News on WOR

1
Rudi’s View: Best Buys & Convictions For 2025

Jan 16 2025 - Rudi's View
2
Australian Broker Call *Extra* Edition – Jan 16, 2025

Jan 16 2025 - Daily Market Reports
3
Rudi’s View: Final Best Buys & Conviction Ideas

Dec 23 2024 - Rudi's View
4
Rudi’s View: Banks, WiseTech, Redox & Integral Diagnostics

Dec 19 2024 - Rudi's View
5
Rudi’s View: Best Buys & Smaller Cap Favourites

Dec 12 2024 - Rudi's View

Latest Energy Sector Contracting News

1
Treasure Chest: The Green Opportunity In Worley

May 06 2024 - Treasure Chest
2
ESG Focus: ASX300 Rush To Decarbonise

Oct 21 2022 - ESG Focus
3
Treasure Chest: Worley’s Opportunity Is… Green?

Oct 20 2021 - Treasure Chest
4
Worley Well Placed For A Sustainability World

Jun 03 2021 - Australia
5
Recovery Still On Offer For Worley

Feb 02 2021 - Australia
6
Sustainability Opportunity Beckons Worley

Dec 04 2020 - Australia
7
WorleyParsons Gains Enhanced Global Scale

Jun 06 2019 - Australia
8
Oil Lift Boosts Outlook For WorleyParsons

May 10 2018 - Australia
9
Worley In Deep Water?

Oct 10 2017 - Australia
10
The Short Report

Sep 29 2016 - Australia